PRESS DIGEST- New York Times business news - April 11

April 11 (Reuters) - The following are the top stories on
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.

* General Motors Co on Thursday suspended two
engineers and added another repair to its recall of cars with a
faulty ignition switch that has been linked to 13 deaths. G.M.
said it would cost $1.3 billion in the first quarter to pay for
all of its recalls - a significant increase over the $750
million it had previously estimated. (r.reuters.com/gyr48v)

* The Chinese pork company that bought Smithfield Foods,
America's biggest pork producer, formally began an attempt to
raise as much as 41.2 billion Hong Kong dollars, or $5.3
billion, by listing the business in Hong Kong. The combined
business has since been renamed WH Group, and its IPO would be
the largest in the world since that of a Brazilian insurer, BB
Seguridade Participacoes, in April 2013. (r.reuters.com/kyr48v)

* The potential for harm by the "Heartbleed" bug could
extend to the many devices that connect to the Internet,
security experts say. Cisco Systems Inc and its rival
Juniper Networks Inc, providers of equipment that move
traffic through the Internet, said on Thursday that their main
products such as routers and servers were unaffected. (r.reuters.com/fyr48v)

* A federal judge on Thursday approved a plea deal by Steven
Cohen's investment firm that resolved criminal insider trading
charges and required a $1.2 billion penalty. Cohen is hoping for
a less litigious transition for his firm, now re-christened
Point72 Asset Management, that will manage about $9 billion of
his own fortune. (r.reuters.com/hyr48v)
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